Indian shares fluctuated in opening trades Friday as investors worried amid strong United States jobless claims data amid caution ahead of first quarter earnings of heavyweight companies.
United States jobless claims dropped indicating improving job scenario in the world's biggest economy.
Jobless claims came at 270,000 for the week ended Jul 31 lower than analysts' estimate of 273,000 and 267,000 a week ago, a government data showed.
Meanwhile, investors also remained on the sidelines ahead of the first quarter earnings of apex companies including Tata Motors and Mahindra and Mahindra Ltd.
At 9:30AM, India's benchmark index, the S&P BSE Sensex declined 0.11% to 28,320.33 on the Mumbai stock exchange. The measure opened at 28,327.11 compared to previous close of 28,298.13.
The 50-share Nifty slipped 0.01% to 8,588.90 on the National Stock exchange. The measure opened at 8,580.80 compared to previous close of 8,588.65.
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